Barksdale Resources (CVE:BRO) Hits New 1-Year High – Here’s What Happened

Barksdale Resources Corp. (CVE:BROGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.17 and last traded at C$0.17, with a volume of 270152 shares. The stock had previously closed at C$0.16.

Barksdale Resources Trading Up 3.1%

The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 6.17. The company’s 50-day moving average is C$0.10 and its 200 day moving average is C$0.09. The company has a market cap of C$24.31 million, a price-to-earnings ratio of -4.13 and a beta of -1.06.

About Barksdale Resources

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Barksdale Resources Corp. engages in the acquisition and exploration of precious and base metal mineral properties in the United States and Mexico. It primarily explores for copper, zinc, lead, silver, and gold ores. The company's primary asset is the Sunnyside property comprising of 286 unpatented mining claims covering approximately 5,223.71 acres located in the Patagonia Mountains of southern Arizona. It also holds interest in the San Antonio, the Four Metals, the Canelo, and the Goat Canyon projects located in Santa Cruz County, Arizona; and the San Javier property located in central Sonora, Mexico.

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